IEX Posts Record FY26 Performance With Highest Ever Electricity Trading Volume And 15 Percent PAT Growth

Apr 24: Indian Energy Exchange (IEX) has announced its audited financial results for the financial year and fourth quarter ended March 31, 2026, reporting strong operational and financial performance driven by record trading volumes across electricity and renewable instruments.

For FY26, IEX achieved its highest ever traded electricity volume of 141.1 billion units (BU), marking a 17% year-on-year growth. Consolidated Profit After Tax (PAT) stood at INR 492.9 crore, reflecting a 15% increase over the previous year. The Board of Directors also recommended a final dividend of INR 2 per share, equivalent to 200% of the face value.

Revenue for FY26 grew in double digits, with consolidated revenue rising to INR 747.0 crore, up 13.6% year-on-year. Standalone PAT stood at INR 473.7 crore, while standalone revenue reached INR 744.9 crore.

In Q4FY26, IEX recorded its highest ever quarterly traded electricity volume of 39.4 BU, an increase of 24% year-on-year. Consolidated PAT for the quarter rose to INR 129.8 crore, while consolidated revenue stood at INR 196.4 crore.

The company also reported strong growth in renewable energy instruments, with Renewable Energy Certificates (RECs) traded at 187.2 lakh during FY26. The gas exchange segment, IGX, recorded its highest ever traded volume of 76.8 million MMBtu, while ICX saw a significant rise in issuance of I-RECs.

On the sectoral front, India’s electricity demand reached approximately 1,709 BU during FY26, supported by stable fuel availability and increased renewable generation, which contributed to improved market liquidity and lower power prices across both day-ahead and real-time markets.

The company highlighted continued momentum across energy markets, reflecting India’s evolving power ecosystem and growing reliance on exchange-based trading platforms.

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